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IRAN WAR COSTS
Operation Epic Fury: IG report reveals $33B war costs, loss of multiple F-15E Strike Eagles, and diplomatic strainMonths of bombing and missile attacks on Iran are yet to yield any substantive gains to the US. While President Donald Trump has on several...- Oil tankers earn $1 million a day as war leaves ship shortageThe supersized earnings also partly reflect oil-refining margins that have spiraled out of control because wars in Iran and Ukraine mean wo...
- What the closure of Saudi Arabia's East-West pipeline means for oil flowsSaudi Arabia closed a major oil pipeline after a drone attack, raising global energy shortage fears. This closure threatens to remove milli...
- Trump’s ‘little war’ with Iran just got a lot biggerTrump’s strategy of economically strangling Iran may be increasing rather than reducing the risk of a wider Middle East war. As Tehran and ...
- Oil markets survived the Iran war sprint. Now comes the marathonThe Iran war is increasingly looking like a prolonged threat to global energy markets, rather than a short-term supply shock. Crude has ris...
- Mirwaiz Umar Farooq, others meet Iranian Foreign Minister Abbas AraghchiKashmiri leaders met Iran's foreign minister on the BRICS Summit sidelines. They discussed regional tensions and the need for restraint and...
- Houthis' Yemen advance leaves Gulf states with uncomfortable choiceThe Houthi capture of Yemen's Red Sea coastline is strengthening Iran's leverage over Gulf energy routes, forcing Saudi Arabia and its neig...
- Crude pool drying up as Middle East conflict drags on, refiners waryIndian refiners are using inventories to manage immediate oil supply disruptions. They worry about prolonged closures and widening conflict...
- Saudi Arabia faces fresh Red Sea threat as Houthi gains, pipeline shutdown rattle kingdomHouthi rebels are advancing, threatening a vital Red Sea shipping route. Drone attacks have forced a major pipeline closure, impacting glob...
- Diesel prices are hitting record highs at a bad time for many US farmersRecord diesel prices are squeezing US farmers as they harvest corn and soybeans, adding to higher fertiliser, seed and equipment costs. The...
- Oil tanker rates hit record highs following Iran, US shipping attacksOil shipping rates from the Gulf of Oman to China have reached record highs this week. This surge follows recent attacks on shipping and mi...
- Costly war far from over even as US loosens Iran's grip on Strait of HormuzUS has restricted Iran's oil exports and loosened its Strait of Hormuz control. This ongoing conflict, however, is nowhere near resolution ...
- Iran suspends freight charge on foreign vessels carrying energy products to or from IranIran has temporarily halted a ten percent charge on freight fees for foreign ships. This suspension applies to oil, gas, and liquid petrole...
- US oil jumps above $100 and stock futures slumpAmid the escalating U.S.-Iran conflict, crude oil prices in the U.S. have surged past one hundred dollars, leading to marked increases in g...
- US producer inflation tops expectations as diesel costs jumpUS wholesale inflation picked up more than expected in August, government data showed Thursday, driven by higher energy costs in the month ...
- Trump makes millions while US troops paid the price of the Iran war: here’s how much his oil and gas holdings gainedPresident Donald Trump saw significant financial gains from his oil and gas investments during the Iran war, with his nine primary holdings...
- Trump says oil prices that spiked because of Iran war likely won't come down until after midtermsUS President Trump believes oil prices will decrease after the upcoming US midterm elections. He suggests Iran's actions aim to influence t...
- Iran-backed fighters in Yemen and Iraq are joining forces to threaten Gulf, officials sayIran-backed groups in Iraq and Yemen are coordinating attacks on Saudi Arabia, with an aim to increase the costs of the ongoing war in Gaza...
- Trump forecasts oil below $2 a gallon after US ‘victory’ over IranPresident Trump forecasts oil prices will fall significantly after a US victory in the Iran conflict. He stated that gas prices could drop ...
- Trump calls Iran conflict 'small potatoes' and defends Vance's position that it's not a 'war'US Iran war: American President Donald Trump defended Vice President JD Vance's remarks about the Iran conflict. Trump stated the ongoing m...
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